Bloomberg News

Bank Rossii Unlikely to Expand Ruble Trading Corridor This Year

November 02, 2011

Nov. 2 (Bloomberg) -- Russia’s central bank is unlikely to expand the ruble trading band this year, Deputy Chairman Sergey Shvetsov said today in Moscow.

The corridor is currently 32.7 to 37.7 rubles to the dollar-euro basket, First Deputy Chairman Alexei Ulyukayev said Oct. 10.

To contact the reporter on this story: Artyom Danielyan in Moscow at adanielyan@bloomberg.net

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net


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